Revolving lines of credit are used to provide temporary, short-term working capital funding for receivables and inventory fluctuations, utilize cash management strategies, or take advantage of discounts or seasonal opportunities.

These secured lines are offered at variable rates with monthly interest payments, while you determine principal reductions based on cash flow.  The available funds are easily accessed and the line is reviewed annually.  

For more information or to schedule an appointment, please contact Jim Peterson at (715) 398-8924 or Stacey Johnson at (715) 398-8908.  You must also complete the business loan application (Business Loan Application) either by filling it out before you come into the office or at the office.  If you are ready to apply, you will need to bring in the following:

Financial Information:

• Federal tax returns and all supporting schedules for the last two or three years and/or
• Year-end financial statements for the last two or three years
• Interim financial statements, if available
• Annual budgets or yearly projections, if completed.
• Current personal financial statement from each owner/shareholder
• Most recent year income tax returns from each owner/shareholder